Two adjacent vacant erven, comprising a total of 2,700 sqm and situated in a prime position in what is considered South Africa’s most prestigious and coveted address – Nettleton Road in Clifton, on the world-renowned Cape Atlantic Seaboard – have been sold by Annette Hepburn of Pam Golding Properties for a total sum of R170 million, VAT inclusive.

According to Hepburn, long-term resident agent and area specialist, although these erven have planning permission for nine apartments, the buyer, a multinational entity based in several countries, has indicated that it intends to build one expansive trophy property to crown Nettleton Road.

Says Hepburn: “This is one of a few remaining vacant sites in this highly sought-after address, where properties rarely become available, and when they do, opulent, completed residences can be acquired for upwards of R150 million.” 

Nettleton Road is the most exclusive of all roads in the country, featuring a limited number of residential properties and large, luxurious, iconic homes that provide all the elements sought by high-net-worth individuals – an unparalleled lifestyle, exclusivity, privacy, rarity, and above all, the spectacular views that epitomise the essence of the globally acclaimed Atlantic Seaboard. Panoramic views from Nettleton Road extend from the Twelve Apostles Mountain Range to all four Clifton Beaches. This premium location is home to captains of industry and some of the most opulent designer homes in South Africa.

Adds Hepburn: “A prime, upmarket suburb, Clifton’s residential property median sales price of R34 million for 2025 to date is +29.5% above year-earlier levels and 136% above levels a decade ago. Sales activity rebounded post-pandemic, remaining elevated ever since, with 18 sales already recorded this year to date (according to Lightstone data) – exceeding the total for the whole of 2019 and nearing the 2023 total of 27 sales. These figures include both sectional title and freehold homes.”

Currently, Pam Golding Properties is marketing a multi-storey residence with five bedrooms (all en-suite), designed by the award-winning architect Stefan Antoni. This property is located on Nettleton Road and is priced at R160 million, including VAT with no transfer duty payable.

With 180-degree views over Clifton and the ocean, this world-class architectural masterpiece features unique, oversized, open-plan entertainment areas that are carefully integrated into the natural environment. Built to international standards, the villa spans five levels, each accessible by a private glass elevator. It boasts a bespoke Italian Assirelli designer kitchen, a level garden with outdoor lounge and dining areas, and exceptional views from the spacious entertainment terrace, complete with a 16-metre heated infinity pool.

Additionally, it includes four reception rooms, a home office, a media room, a gym, laundry facilities, a steam room, three extra guest cloakrooms, and a staff apartment with two bedrooms, a kitchen, and a bathroom, as well as a security suite at the entrance on the ground level. The property is secured with 24-hour surveillance and offers four garages along with four off-street parking bays.

For further information contact Pam Golding Properties Atlantic Seaboard on 021 439 7415 or visit www.pamgolding.co.za